Briefs

DISNEY
Central Government Approval for Shanghai Disneyland
The NDRC has granted approval to the construction of a Disneyland theme park in Shanghai.
Anthony Hwang | 2009-11-06
INFLUENZA
Russian Man Dies of A/H1N1 in Beijing
A 32 year-old Russian man died in Beijing on November 2, pushing up the the number of recent deaths on the mainland from the A/H1N1 strain of influenza to eight.
Pang Lei | 2009-11-03
ONLINE GAMING
World of Warcraft: Ministry of Culture vs GAPP
The Ministry of Culture and the General Administration of Press and Publication have clashed over who has the authority to allow online role playing game, World of Warcraft to operate in China.
Anthony Hwang | 2009-11-03
BANKING
China to Strengthen Personal Loan Management
The China Banking Regulatory Commission has issued draft regulations aimed at further regulating the country's personal loans industry.
Lin Li | 2009-10-29
AUTOS
Audi's China Sales Booming
German Automaker Audi AG announced that they have already exceeded last year's Chinese sales and expect to sell some 130,000 vehicles in the country before the end of the year. The company reported delivery of 118,196 cars to China so far this year, a 22 percent increase over the same period last year. The company cites the popularity of their A4 and A6 models as one of the reasons ...
Anthony Hwang | 2009-10-29
IT
Baidu's Profits Rise, Outlook Drops
Earnings for China's largest search engine rose 42% in the third quarter largely due to its new Phoenix Nest online-marketing system. But fourth quarter revenue projections of $174 million to $180 million were less than the $205 million analysts were expecting. The company attributed the temporary drop in revenue to the recent switch to a new Phoenix Nest Advertising system. The advertising system...
Anthony Hwang | 2009-10-28
ECONOMIC INDICATORS
China's GDP Up 7.7% in First Three Quarters
Last week's announcement that China's GDP grew by 8.9% in the third quarter, bolstered confidence that the Chinese economy has consolidated its recovery and is emerging from the economic downturn.
Tang Xiangyang | 2009-10-27
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Briefs

Consolidating China's Coal Industry: Nation to Follow Shanxi's Lead
As the consolidation of Shanxi's coal industry nears completion, central government officials have indicated that the country will move to speed up consolidation of the coal industry across the rest o...
Source:National Development and Reform Commission
Two Shanghai Officials Under Probe for Bribery
Two shanghai officials are the latest of a series of Chinese officials being deposed this year.
Source:Xinhua News Agency
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